Narains Corp Global Properties

Everyone talks about the “India story”, this is the India Story. India is poised to grow and there is no stopping. Neither Inflation nor rising fuel prices will affect our Growth. What might affect us is ‘Greed’. Just like what ‘Yahoo’ did when they had an offer from Microsoft for a buyout. Now they have no one. I think it is important to realize the worth plus premium plus sweat equity premium but...

In 2003-04, India received total FDI inflow of US$ 2.70 billion, of which only 4.5% was committed to the real estate sector. In 2004-05 this increased to US$ 3.75 billion of which, the real estate share was 10.6%. However, in 2005-06, while total FDI in India was estimated at US$ 5.46 billion, with real estate share around 16%. The projected total FDI in 2006-07 will touch about US$ 8 billion in which...

A recent study published by ASSOCHAM (Associated Chambers of Commerce and Industry of India), the ‘Future of Real Estate Investment in India’, reveals that the Indian real estate market currently growing at 30 percent per annum is estimated to be about US$ 14 billion at present. It shall reach nearly US$ 60 billion by the year 2010 with approximately US$ 28 billion of this, likely be provided by foreign...

The development of the real estate sector in India is mainly combined with strong economic growth, rising income levels and urbanization. Ever since the liberalization of the Indian economy, the urban landscape of India has changed dramatically. Initially the advantages of a growing economy and subsequent real estate boom were localized to cities like Delhi, Mumbai, Bangalore and Chennai. Going forward...

Mumbai which is often touted as the 'Manhattan of India’ is ranked seventh among the most expensive cities in the world to do business and stay in. With property prices touching all time highs, the current scenario is being questioned and is labeled as a bubble by many.